AER LINGUS CEO RESPONDS TO JOB CUT CONCERNS
The Chief Executive of Aer Lingus says the vast majority of savings identified in the confidential NYRAS report relate to contract and procurement efficiencies.
It comes as TDs prepare for a second day of debate on the proposed deal to sell the government stake in Aer Lingus to IAG, before a Dáil vote later.
Yesterday, opposition TDs revealed details of a report commissioned by Aer Lingus which identified 60 million euro in potential savings – including cuts to pilots and cabin crew.
But chief executive Stephen Kavanagh says the report is nothing to do with job cuts and there will still be 635 net new jobs under the proposed deal with IAG.
“We will be looking at opportunities for efficiency within the existing cost structure – so we will be looking for opportunities for smarter working with the staff that we have now, and the staff that we are growing, but this is not related to job cuts” he said.
“The vast majority of the 60 million, in excess of 90 percent of the 60 million, is related to simply more efficient use of contracts and more efficient use of procurement” he added.